Vietnam Structural Foam Market Size & Outlook, 2026-2033
The structural foam market in Vietnam is expected to reach a projected revenue of US$ 592.0 million by 2033. A compound annual growth rate of 7% is expected of Vietnam structural foam market from 2026 to 2033.
- Plastics Polymers & Resins
- Processed Plastics
- Structural Foam Market Outlook
- Processed Plastics
Revenue, 2025 (US$M)
$346.5
Estimate, 2026 (US$M)
$368.9
Forecast, 2033 (US$M)
$592.0
CAGR, 2026 - 2033
7.0%
Global Market
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Vietnam structural foam market highlights
- The Vietnam structural foam market generated a revenue of USD 346.5 million in 2025 and is expected to reach USD 592.0 million by 2033.
- The Vietnam market is expected to grow at a CAGR of 7% from 2026 to 2033.
- In terms of segment, polypropylene (pp) was the largest revenue generating material in 2025.
- Polypropylene (PP) is the most lucrative material segment registering the fastest growth during the forecast period.
Structural foam market data book summary
| Market revenue in 2025 | USD 346.5 million |
| Market revenue in 2033 | USD 592.0 million |
| Growth rate | 7% (CAGR from 2026 to 2033) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Polyurethane (PU), Other materials |
| Key market players worldwide | Evonik Industries AG, SABIC, Sekisui Chemical Co Ltd, Carpenter Technology Corp, Alstone Industries Private Limited, Covestro AG, Basf SE, Armacell |
Other key industry trends
- In terms of revenue, Vietnam accounted for 1.6% of the global structural foam market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China structural foam market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,799.4 million by 2033.
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Publish Date: Apr 13, 2026
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Structural Foam Market Scope
Structural Foam Market segmentation & scope
Structural Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Evonik Industries AG | View profile | 33,409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | www.evonik.com |
| Covestro AG | View profile | 17,520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | www.covestro.com/en |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.sabic.com |
| Sekisui Chemical Co Ltd | View profile | 26,838 | 4-4, Nishitenma 2-Chome, Kita-ku, Osaka, Japan, 530-8565 | www.sekisui.co.jp |
| Carpenter Technology Corp | View profile | 4,500 | 1735 Market Street, 15th Floor, Philadelphia, PA, United States, 19103 | www.carpentertechnology.com |
| Armacell | View profile | 1001-5000 | Luxembourg, Luxembourg, Luxembourg, Europe | www.armacell.com |
| Alstone Industries Private Limited | View profile | 1001-5000 | New Delhi, Delhi, India, Asia | www.alstone.industries |
Vietnam Structural Foam Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Structural Foam Market Outlook will help companies and investors design strategic landscapes.
Polypropylene (Pp) was the largest segment with a revenue share of 33.3% in 2025.
Horizon Databook has segmented the Vietnam structural foam market based on polyethylene (pe), polypropylene (pp), polystyrene (ps), polyurethane (pu), other materials covering the revenue growth of each sub-segment from 2021 to 2033.
- Vietnam Structural Foam Market Material Outlook (Revenue, USD Million , 2021-2033)
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyurethane (PU)
- Other materials
- Vietnam Structural Foam Market Application Outlook (Revenue, USD Million , 2021-2033)
- Material Handling
- Building & Construction
- Automotive
- Electrical & Electronics
- Other applications
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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam Structural Foam Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Vietnam Structural Foam Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Vietnam Structural Foam Market, 2021-2033 (US$M)
Vietnam Material - Structural Foam Market Statistics, 2025 - 2033 (Kilotons)
